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An example of South Austin, Texas Home Appreciation.

 On 6.16.2017, Austin Silent Market Realty and George Vance McGee Real Estate Agent worked as the seller's agent and helped successfully close this exact property. At the time of the ABOR active MLS sale, the property was being marketed in excellent condition in a "post home improvement flipped" state and presentation. I, GVM, distinctly remember, one of the few but frequent buyer objections was the droopy, angle slumped ceiling in the living room. Other than that, this South Austin Home (located south of hwy 290), circa South 1st was in a beautiful condition and sparkled with 4 full bedrooms and 2 bathrooms, with a 1 car garage. It was plenty of house, nestled within a calm South Austin Residential neighborhood. In addition there was and still is ample fenced green backyard and lot land. The asking price per ownership started at $385,000 and dropped to $369,500 in mid year of 2017. Here is the FLYER for the at-one-time Austin Silent Market Sale Listing in South Austin.








Today, 11.2.2021 about roughly 4-5 years later, while searching the ABOR MLS System, I noticed this exact same home and property was showing as Active Abor MLS for Sale on the Market with "multiple offers and an offer deadline." The asking MLS price as of 11.2.2021 was $600,000. 

There you go ladies and gentlemen. Perhaps today's Central Austin Real Estate Lesson is to simply BUY and HOLD Central Austin Real Estate.

 

The Property is currently, as of 11.2.2021 showing as active on MLS. The Listing Agency is credited as Maria & CoCo Vargas with Keller Williams Realty cocovargas@kw.com.

Here is the MLS Description for The Property; 
***Deadline to submit offers is Monday 11/1 at 7PM!!**** Welcome home to this recently remodeled four-bedroom, two-bath home in the sought out 78745! Upon entry, you're greeted with an open, inviting floor plan and plenty of natural light. Abundant windows in the living and dining area make the space feel bright and airy. Plenty of bedrooms to host guests, have a workout studio or home office. The thoughtfully designed backyard is a must-see and perfect for those that love to spend outdoors and entertain. Unwind with your favorite cocktail and take a dip in the stock tank pool or enjoy an outdoor dinner with friends on the deck. This modern single-family home sits nestled between South Congress and S. 1st, close proximity to Heartwood community garden, South Congress entertainment, and the future Central Williamson Creek Greenway. Just 5 miles to downtown. This area of town offers an abundant amount of grocery stores nearby, including Central Market, Wheatsville, HEB, and Sprouts. Plenty to do in the area - restaurants and retail located nearby in the Industrial District off of South Congress including St. Elmo Brewery, Austin Winery, and the new St Elmo Marketplace coming soon. Don't miss this one-of-a-kind South Austin gem! Exclusions: Wooden and metal shelves in office, microwave, clear plastic shelves in nursery, wire metal shelving in closet and garage. Sellers wants a lease back until December 31st!







 

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